(EOLU-B) Eolus Vind (publ) - Ratings and Ratios

Eolus Vind AB (publ) is a Swedish renewable energy company specializing in the development, construction, and operation of onshore and offshore wind farms, solar power plants, and energy storage facilities. The company operates across multiple regions, including Sweden, Norway, Finland, the United States, Poland, Spain, and the Baltic states. Eolus Vind AB is organized into two primary segments: Project Development and Asset Management. The Project Development segment focuses on the pre-study, development, and divestment of renewable energy projects, while the Asset Management segment handles the operation and maintenance of existing facilities. The company also provides technical consultancy services and renewable energy solutions, including solar power, to stakeholders in the energy sector. As of December 31, 2023, Eolus Vind ABs portfolio consists of 8,181 onshore wind plants, 10,000 offshore wind plants, 2,873 energy storage facilities, and 5,872 solar power plants. The company was founded in 1990 and is headquartered in Hässleholm, Sweden.

Based on the provided data, the 3-month forecast for Eolus Vind AB (ST:EOLU-B) indicates potential short-term weakness due to the stock trading below its 20, 50, and 200-day moving averages (SMA 20: 48.47, SMA 50: 52.61, SMA 200: 53.45). The stocks last price of 47.30 SEK suggests bearish momentum in the near term. However, the low price-to-book (P/B) ratio of 0.71 and a return on equity (RoE) of 9.30% may attract value investors. The forward P/E of 15.13 indicates market expectations for future earnings growth, which could offset the technical downtrend. The average true range (ATR) of 2.05 suggests moderate volatility, which may present trading opportunities. Overall, the stocks fundamental strength and growth prospects could counterbalance the current technical headwinds.